The whole fresh cow milk production in Indonesia has steadily increased from 786.87 thousand metric tons in 2013 to 1068.6 thousand metric tons in 2023, marking a significant upward trend. The year-on-year growth over the last two years shows a variation of 1.94% in 2022 and 1.87% in 2023, reflecting consistent, yet modest growth. The Compound Annual Growth Rate (CAGR) over the last five years, from 2018 to 2023, is 2.36%, indicating a stable increase in production.
Looking ahead, the forecasted data from 2024 to 2028 suggests that whole fresh cow milk production will continue to grow, though at a slightly reduced average rate. The forecasted five-year CAGR is 1.44%, with an anticipated total growth of 7.42% over this period. The production volume is expected to reach 1171.1 thousand metric tons by 2028.
Future trends to watch for include:
- Technological advancements in dairy farming and improved feed quality enhancing production efficiency.
- Potential impacts of climate change on dairy farming practices and milk yield.
- Government policies and incentives aimed at boosting local milk production and reducing dependency on imports.
- Consumer demand trends, including shifts towards organic and non-GMO milk options.
